E Ink Holdings says that it is seeing high demand for ePaper displays and expects to see a growth in revenue in 2021. The company is worried though that the shortage in components may hurt its full potential.
EIH says that 2021 will be better than 2020, and it sees its performance in Q2 to be similar to its performance in Q1. The demand for E Ink's display is higher than what it can supply, and the company is building four new production lines to increase capacity.
EIH says that its income grew 48% in Q1 2021 compared to Q1 2020. It's profit and margins are also on the rise. EIH expects its margins to decrease, however, as it does not want to increase its prices as component prices are going up.
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Posted: May 20,2021 by Ron Mertens